AAON Buyback

AAON, Inc. Buyback

OLI recorded this information on 3/5/2024

Company:

AAON, Inc.

Buyback:

AAON buyback

$Amount Authorized:

$50,000,000

Buyback Details:

AAON, Inc. (NASDAQ: AAON) ("AAON" or the "Company"), today announced that its Board of Directors has declared the Company's next regular quarterly cash dividend of $0.08 per share (or $0.32 annually), payable on March 29, 2024 to stockholders of record as of the close of business on March 18, 2024. The Company also announced that its Board of Directors has approved a $25 million increase in its current share repurchase authorization, bringing the Company's total current share repurchase authority to $50 million. Repurchases will be made in accordance with a pre-arranged stock repurchase plan adopted by the Company pursuant to the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The actual timing, number and value of shares repurchased will depend on market conditions, share price, trading volume, and other factors.

AAON is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, data center cooling solutions, cleanroom systems, chillers, packaged outdoor mechanical rooms, air handling units, makeup air units, energy recovery units, condensing units, geothermal/water-source heat pump, coils, and controls. Co. provides three groups of rooftop units: the RQ Series, consisting of five cooling sizes ranging from two to six tons; the RN Series, provided in 28 cooling sizes ranging from six to 140 tons; and the RZ Series, which is provided in 15 cooling sizes ranging from 45 to 261 tons.

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AAON — Key Stats (updated 8 minutes ago)

Company Name:	AAON, Inc.
Stock buyback:	AAON buyback
Website:	www.aaon.com
Sector:	Industrial Machinery & Equipment
Number of ETFs Holding AAON:	54
Total Market Value Held by ETFs:	$1.31B
Total Market Capitalization:	$7.18B
% of Market Cap. Held by ETFs:	18.31%

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AAON, Inc. Buyback

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